Affair leads to sacking
McDonald’s fires CEO over relationship with employee
Fast movers: McDonald’s board met on Friday and fired the CEO
McDonald’s chief executive Steve Easterbrook has been fired for violating company policy by having a relationship with an employee.
The fast food company’s board said the 52-year-old Briton demonstrated “poor judgment” and voted for his dismissal.
McDonald’s forbids managers from having romantic relationships with direct or indirect subordinates.
Mr Easterbrook, who had been CEO since 2015, admitted in an email to staff to having the “consensual” relationship, describing it as a mistake.
“Given the values of the company, I agree with the board that it is time for me to move on,” he said.
McDonald’s board will release details of his separation package today in a federal filing, according to a company spokesman.
The company did not provide details about the employee with whom Mr Easterbrook was involved.